The Colorado Senate has passed a bill that will remove the requirement to pay the state’s 40 percent excise tax on cigars sold out of the state.
S.B. 139 passed 25-9 and now moves onto the House.
If passed, it would be a big win for Smoker Friendly, which operates the PaylessCigarsandPipes.com website, out of the state. It’s unclear if there are other retailers that would uniquely benefit as cigars sold within the state would still be subject to the states tax of 40 percent of the wholesale price.